Tag Archives: Bitcoin

The Winklevoss twins, most famously known for their part in helping conceive the idea of Facebook and for receiving a payout from the site's founder, Mark Zuckerberg because of it, have announced that they will be launching a Bitcoin exchange called Gemini in the near future. As it stands, they are waiting …

Bitcoin has always been a pretty volatile currency, or commodity – depending on how you look at it. While it remained practically valueless for years, it eventually ended up peaking at over $1,200 per coin in late 2013. Since then it's crashed and risen several times, for the most part …

Bitcoin exchange service, Bitstamp, had to suspend its operations earlier this week after its security was compromised. The security breach saw 19,000 BTC, which is roughly $5 million worth, stolen from online wallets. The exchange clarified that most wallets are stored securely offline and won't be affected. According to ZDNet, …

No longer around in its original form, Isohunt was one of the world's most popular torrent sites in its day. The founder, Gary Fung, fought courts for years keeping the site open, but ultimately relented after a loss and shut the site down. While it may have reformed under a …

Microsoft now allows customers to add funds to their accounts using Bitcoin, the new payment option was quietly added this week and quickly spotted on Reddit. Microsoft account funds can be used to purchase games, apps, music, movies and TV shows on both the Xbox consoles and Windows devices. Bitcoin …

The British government has apparently decided that instead of trying to crack down, or sabotage bitcoin's future, it wants to embrace it and look to emulate some of its successes within the financial industry. To figure out just how to do that, it's begun asking users of the cryptocurrency to …

If you've been sitting on a stockpile of the digital currency bitcoin and spent much of the last couple of weeks pulling your hair out as the value plummeted, then at least you can take solace in fact that you now have a new avenue to spend it. CEX, the …

Bitcoin has had quite a star studded history of headlines and peaks, though over the past year has found some stability after hitting a new high of over $1,200 per coin back in December last year. Unfortunately for those that invested in large quantities however, its value has tumbled in …

Bitcoin creator, Satoshi Nakamoto, has chosen to keep his identity a secret  for the longest time and as a result, people are obsessed with finding out who he really is. Now, an anonymous hacker has come along, saying that he will expose the identity of Nakamoto to whoever gives him 25 …

The one time CEO of Bitcoin exchange company BitInstant and (now ex) member of the Bitcoin Foundation, Charlie Shrem, has pleaded guilty to US charges of unlicensed money transfers, after it was alleged that he had attempted to sell over a million dollars worth of bitcoin to the original Silkroad …

One of the early problems bitcoin faced, was the usual chicken and egg scenario of anything new and innovative: it's not going to be used until its accepted, but why would you accept it if no one is using it? In the case of bitcoin, it took a long time …

If you've ever been about to purchase something on an illicit market, but were wondering how much of a single bitcoin you'll need in order to cover your order, then often times that meant going to a site like Blockchain, or one of the big exchanges and checking their latest …

Circle, a bitcoin financing company that provides wallet functions for online use, as well as new tools for utilising the digital currency, has called on the EU to offer regulatory support for bitcoin, suggesting that the continued growth of its acceptance is an indicator that it could very well be the …

Taipei electronics firm Biostar has announced a new motherboard, this timing pushing not only its abilities when it comes to the office or the game room, but the depths of its bitcoin mine as well. The TB85 supports both 4th generation i7 and i5 CPUs and up to 16GB of DDR3 …

If you're sitting on a fat stack of bitcoins and don't quite know whether to head to illicit market places or cash out, then hold your horses, as you can now upgrade your rig and everything about it. Overclockers UK has now started accepting the crypto-currency, letting you buy full …

There is a rumour that Taiwan Semiconductor Manufacturing Co. experiences yield issues with its 20nm process technology, which has forced companies like AMD, Nvidia, Qualcomm and others to delay the ramp up of their 20nm designs. It is unknown whether the rumours are true, but KnC Miner, a developer of …

Apple has changed its tune on the subject of bitcoin, updating its iOS App Store terms of use, by stating that it's ok for apps to “facilitate transmission of approved virtual currencies, provided that they do so in compliance with all state and federal laws.” This is a marked change …

You may have heard that eBay was hacked around March this year but the company has only just got around to asking all of its users to change their passwords this week. However, now it looks like someone is looking to cash in on the aftermath of the attack as …

To most of us, the Winkelvoss twins are those two guys played by Armie Hammer in the movie The Social Network, which, would you believe it, came out in 2010. However the real life counterparts are perhaps more impressive, ultimately gaining a $65 million payout from Zuckerberg for – as …

Users of the digital currency bitcoin, will soon be able to use it to make donations to their favoured politicians after a ruling by the United States' Federal Election Commission (FEC) okayed the move. However, there is one caveat: you won't be able to do it anonymously. This of course …

Bitcoin has shot up in popularity through recent years, so much so that the idea of digital currency almost seems normal, with many online stores beginning to accept bitcoins as payment. However, this also means that governments around the world are moving to try and regulate the currency and some …

Kaspersky Labs recently conducted a study on cyber criminal activity and found that last year the number of financial malware attacks rose to 28.4 million, which is 27.6 per cent more than 2012. Not only are programs being designed to steal your financial information but now criminals are going after …

Japanese bitcoin exchange, Mt. Gox, has recently found 200,000 of its 850,000 missing bitcoins in an old un-used wallet from 2011. The wallet is currently worth around $116 million USD, which amounts to £70 million. The firm is still missing 650,000 coins though and has still yet to explain where …

Biostar, a second-tier maker of mainboards that specializes on various niche and unique solutions, this week introduced BTC-24GH, a special mainboard designed for Bitcoin mining and featuring 64 special-purpose ASICs [application-specific integrated circuits] which were specifically designed for mining of the virtual currency. In the world of crypto currencies, a …

Hackers have claimed to have accessed and leaked the Mt. Gox database showing that there should be a 915k Bitcoin balance left in the exchange. The hackers also hit Mt. Gox CEO, Mark Karpeles' personal blog and Reddit account in an effort to investigate allegations of fraud after the exchange lost …

How much does a pint of Koppaberg cider cost? A few quid? $5? How about 0.0093 bitcoin. At least that's what it'll set you back if you go to the Baggot Inn in Dublin, Ireland, which has just joined the select few drinking establishments around the world that accept bitcoin …

Mt Gox, one of the world's longest running and most respected bitcoin exchanges disappeared from the web last week, with a single message replacing its usual bustling site and all its tweets deleted. Now we know that the site has gone belly up, but why? Mostly because it lost over …

After the strange demise of bitcoin exchange Mt. Gox, Japanese authorities have pledged to investigate what happened to its business and the funds of its customers, many of whom lost hundreds and thousands of pounds worth of the digital currency when first Gox halted all withdrawals and finally shut down …

Update: Mt Gox has now posted a message on its site that reads: Dear MtGox Customers, In light of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site …

The history of online drug marketplaces, darknet markets, tor markets, however you want to term them, has been a rocky one. While the original Silkroad had a very long run, it was eventually downed by old fashioned police work, then its successors fell to hacks, scams and exponential growth and …